Egypt has reportedly launched a five-year tender on Sunday to lease a second floating storage and regasification terminal. State-owned Egas sent the tender to eight international companies and expects to get a reply within a week, Reuters cited the company’s Chairman Khaled Abdel Badie as saying. Th
Egypt has reportedly launched a five-year tender on Sunday to lease a second floating storage and regasification terminal. State-owned Egas sent the tender to eight international companies and expects to get a reply within a week, Reuters cited the company’s Chairman Khaled Abdel Badie as saying. Th
Saudi Aramco has appointed Amin H. Nasser as the acting President and Chief Executive Officer of the company. Amin H. Nasser is a member of the Board of Directors of Saudi Aramco and he held the position of Senior Vice President, Upstream since 2008. Nasser joined Saudi Aramco after graduating with
Dear readers, judging by your page views, this past week was about job cuts in the offshore oil and gas industry.
The US Navy has started accompanying US-flagged commercial ships passing through the Strait of Hormuz, according to defense officials quoted by Agence France-Presse. The decision comes in the wake of the seizure of Maersk Tigris containership by Iranian patrol boats as the boxship was steaming its w
How well do you know the history of shipping containers? Did you know that last year over 90% of everything you purchased was shipped in a container? The following infographic has a lot of interesting information which may come in handy, so take a look. World Maritime News Staff; Image: Container Ho
The trend in maritime security is one of growing complacency, the Chief Operating Officer of UK maritime security firm MAST Gerry Northwood warned speaking at the Global Shipping Trends and Trade Patterns conference in London on April 29th. “The problem is that incidents of piracy are not infrequent
Child and Youth Programs (CYP) Bahrain held a SeaPerch underwater robotics competition, sponsored by the Office of Naval Research (ONR), on April 16. The SeaPerch program is a part of the Science, Technology, Engineering and Math (STEM) learning initiative, which is endorsed by CYP throughout the Na
World’s oceans are worth at least USD 24 trillion, but numerous threats are driving this economic powerhouse towards collapse, according to an international NGO World Wildlife Fund. The valuation is contained in a new WWF report: ‘Reviving the Ocean Economy: The case for action – 2015,’ which ranks
Qatar’s Prime Minister Abdullah bin Nasser bin Khalifa Al Thani officially inaugurated the Jetty Boil-Off Gas Recovery (JBOG) project in Ras Laffan Industrial City on Tuesday. The US$1 billion JBOG project is part of the Common Facilities Projects at RLIC and it is led and operated by Qatargas on be
Qatar’s Prime Minister Abdullah bin Nasser bin Khalifa Al Thani officially inaugurated the Jetty Boil-Off Gas Recovery (JBOG) project in Ras Laffan Industrial City on Tuesday. The US$1 billion JBOG project is part of the Common Facilities Projects at RLIC and it is led and operated by Qatargas on be
The inauguration of IPP3, the world’s largest internal combustion engine (ICE) power plant, takes place today at the plant site near Amman, Jordan. The plant is powered by 38 Wärtsilä 50DF multi-fuel engines with a combined capacity of 573 MW. In recognition of its world record size, the plant has b
The inauguration of IPP3, the world’s largest internal combustion engine (ICE) power plant, takes place today at the plant site near Amman, Jordan. The plant is powered by 38 Wärtsilä 50DF multi-fuel engines with a combined capacity of 573 MW. In recognition of its world record size, the plant has b
Natural gas output hit 202 billion cubic meters last Iranian calendar year, up by 10 percent against a year earlier, director of dispatching department at the National Iranian Gas Company, Manouchehr Taheri said.